/Companies

Levelpath

San Francisco, US · 143 employees on LinkedIn · 10 known investors

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Levelpath provides AI agents that automate procurement workflows, transforming procurement from administrative overhead into a strategic business function.

Also known as Levelpath

Founders & leadership

AYAlex Yakubovich
Alex YakubovichCo-Founder & CEOFounder at Level Path
BR
Bryan RosensteinCo-Founder and Head of OperationsBryan Rosenstein brings experience in operations and enterprise SaaS, with a background in accounting and finance. He is the founder of Level Path, which develops AI agents to automate procurement workflows.
SGStan Garber
Stan GarberCo-Founder & PresidentFounder at Level Path

Investors · 10

Funding

SEC filings, press & company announcements

$55M disclosed across 1 of 3 rounds · 2023–2025

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Levelpath offers an enterprise procurement platform built around AI agents that operate across sourcing, contract management and supplier risk. According to the company's website, the agents run sourcing events, generate RFPs, qualify suppliers and produce ranked supplier shortlists based on historical data, contracts and risk profiles; scan a customer's contract repository to answer questions with clause-level precision, flag risks and track renewal timelines; and continuously monitor operational and compliance signals across the supplier base, updating risk profiles and notifying stakeholders with recommended actions.

The product set spans a platform layer with integrations, an Orchestration Studio and reporting/intelligence, plus capability modules for intake and orchestration, sourcing, supplier management, contract management, project pipeline, risk management and invoice automation. A mobile app is offered for visibility into projects and requests. The company positions the platform as letting procurement teams increase throughput without adding headcount.

Business model

Levelpath sells software to enterprise procurement organizations; the website's only stated acquisition motion is a "Book a demo" request, and it references a partnerships program. No pricing details are disclosed in the available sources.

Traction

The company's website cites more than $26 billion in spend run through Levelpath, 10x capacity for RFPs, 76% reduced cycle times and 50-70% operational efficiency gains, and states that leading enterprises use the platform. These figures are self-reported and not independently verified in the available sources.

▸Full profile — market position, technology, go-to-market, risks & controversies

Market position

Levelpath presents itself as an AI-agent-native procurement platform; it lists Coupa among the systems it integrates with. The available sources do not provide independent market share or competitive ranking data.

Technology

The platform is built around configurable AI agents governed by enterprise controls: every agent action is logged to create an audit trail for review, reporting and compliance; configurable autonomy settings define where agents act independently versus escalate; and role-based permissions with single sign-on manage access. Native integrations connect to systems including Oracle Fusion, NetSuite, OneTrust, Ironclad, Docusign and Coupa.

Go-to-market

Direct enterprise sales driven by demo requests, supported by content resources (blog, glossary, resource hub, events, customer stories) and a partnerships program.

Enterprise procurement, sourcing, contract, supplier risk and finance teams. Testimonials on the company site are attributed to a Director of Category Management and Operations and a Senior VP of Operational Finance, Procurement and Supply Chain.

Risks & controversies

No controversies are reported in the available sources. Note that several sources retrieved under this name refer to unrelated entities (a homeownership program, a ministry, a Bible topic page, and a defunct New York benefits startup called Level) and were excluded.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Cumulative spend processed through platformJan 2026$26B+
Reported increase in RFP capacityJan 202610x
Reported operational efficiency gainsJan 202650-70%
Reported reduction in cycle timesJan 202676%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Related companies · 9

TipaltiTipalti is an AI-powered finance automation platform that automates accounts payable, mass payments, procurement, and employee expenses for growing companies. The platform serves businesses seeking to streamline financial operations and reduce manual finance tasks.
RampRamp offers a finance platform that combines corporate cards, expense management, and AI-driven automation for receipt capture, transaction coding, and reimbursements. It serves finance teams and businesses looking to consolidate spending tools and automate accounting workflows.
OrderOrder.co is an AI-powered platform that automates procurement, accounts payable, and spend management for businesses. The platform streamlines the entire purchasing lifecycle from requisition to payment, offers real-time spend visibility, and provides working capital solutions through virtual cards.
SpendfloSpendflo builds Flo, an autonomous procurement workforce of AI agents that runs the intake-to-pay cycle — handling purchase requests, contract tracking, and invoice matching — while human teams approve only what needs them. Originally a SaaS spend management platform, it serves finance and procurement teams at businesses managing many vendors, contracts, and subscriptions.
DroppeDroppe operates an online store selling occupational safety and workwear products—such as safety shoes, high-visibility clothing, protective gloves, respirator masks, and work trousers—from brands like New Balance and Nitras. The site serves buyers of workplace safety equipment and lists prices in euros with a German-language market interface.
FairmarkitFairmarkit provides an AI-driven autonomous sourcing platform that helps procurement teams competitively source spend across categories at scale. It uses AI agents to handle sourcing volume while category managers focus on strategy, targeting enterprise procurement functions.
ProcurifyProcurify is a procurement platform that gives finance and operations teams spend visibility and control across the intake-to-pay process, covering purchase requests, approvals, POs, invoicing, payments, and spending cards. It serves growing mid-market organizations in industries such as healthcare, education, biotechnology, manufacturing, and non-profit, and integrates with ERPs including NetSuite, QuickBooks, and Sage Intacct.
Bill.com Holdings, Inc.BILL is a unified financial operations platform that automates accounts payable, receivables, and spend management for businesses. The platform processes over $345 billion in annual payment volume and serves nearly 500,000 customers across the US and 130+ countries.
iCertis, Inc.Icertis provides AI-native contract intelligence software that helps enterprises automate and optimize contract management to accelerate business execution.

Companies working in the same space as Levelpath.

In the news

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Levelpath do?
Levelpath sells an enterprise procurement platform whose AI agents run sourcing, contract and supplier risk workflows.
Who founded Levelpath?
Levelpath was founded by Alex Yakubovich, Bryan Rosenstein, Stan Garber.
Who are Levelpath's investors?
Levelpath's investors include 01 Advisors, 515 Ventures, Artisanal Ventures, Battery Ventures, Menlo Ventures, New York Life Ventures, NewView Capital, Redpoint Ventures and 2 more.
How much funding has Levelpath raised?
Levelpath has disclosed $55M raised across 1 of its 3 known rounds.
Where is Levelpath headquartered?
Levelpath is headquartered in San Francisco, US.